uying engineering component manufacturer Illinois Tool Works
is never going to be the raciest of investment propositions; however,
the company is quietly going about the business of improving its
prospects in 2014, and it deserves a close look. The company's recent
results produced three key takeaways for investors to like about the
stock, and provided plenty of information that would be useful investors
in peers like Danaher Corporation and Rockwell Automation .
Illinois Tool Works' impressive first quarter
Overall operating income increased by 16% even though revenue was only up by 4%. A quick look at a breakdown of operating income reveals how Illinois Tool Works generated its earnings in the quarter.
Overall operating income increased by 16% even though revenue was only up by 4%. A quick look at a breakdown of operating income reveals how Illinois Tool Works generated its earnings in the quarter.
The red bars in the chart represent the growth rate
in the quarter, while the total bars (red plus blue bars) represent the
total operating income.
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